But the competition is extremely unfair. You can't have a regulated market competing with an unregulated one.Greg Bernhardt said:I'm all in for these types of ventures. Creates incredible competition.
Then regulate it, don't ban it.DrClaude said:But the competition is extremely unfair. You can't have a regulated market competing with an unregulated one.
Or deregulated the other one! I'm not necessarily a fan of Uber's tactics, but city politics are often corrupt and such heavily regulated industries are an avenue for that corruption.Greg Bernhardt said:Then regulate it, don't ban it.
...Airbnb's mayoral advisory board include Houston's Annise Parker, Philadelphia's Michael Nutter, Rome's Francesco Rutelli, and Adelaide's Stephen Yarwood
Mayors from New York to Paris to Seoul think they’ve found the trick to coping with so-called “sharing economy” apps -- working together. Ten markets are jointly preparing a unified rule book in a bid to leverage their combined size to promote clearer ground rules ... Representatives for cities that also includes Athens, Barcelona and Toronto, ...
russ_watters said:but city politics are often corrupt and such heavily regulated industries are an avenue for that corruption.
Airbnb is an online platform that allows individuals to rent out their homes or spare rooms to travelers for short-term stays. Unlike traditional short-term rentals in NYC, Airbnb is a peer-to-peer service that connects hosts directly with guests without the involvement of a management company.
The benefits of using Airbnb for short-term rentals in NYC include lower costs for travelers, a more unique and personalized experience, and the potential for hosts to earn extra income. However, some drawbacks include potential safety and security concerns, lack of regulation and oversight, and potential impact on the local housing market.
The battle between Airbnb and NYC mainly affects hosts and guests in terms of regulations and restrictions. NYC has implemented strict laws and regulations on short-term rentals, which can limit the options for both hosts and guests. Hosts may face fines and penalties for illegal rentals, while guests may have to pay additional taxes and fees.
NYC has implemented measures to address the impact of Airbnb on the housing market, such as limiting the number of days a property can be rented out and requiring hosts to register and pay taxes. Additionally, there have been efforts to crack down on illegal rentals and increase enforcement of regulations.
It is possible for Airbnb and NYC to find a compromise in their battle over short-term rentals. Both parties have expressed a willingness to work together to find a solution that benefits both hosts and the city. However, finding a compromise that satisfies all stakeholders may prove to be challenging.